Question 1 (1 point) Saved For performance reports to achieve their control objectives, they must: Question 1 options: a. Include relevant information so that necessary action may be taken to accomplish organizational goals b. Be timely so that minimal time elapses between an activity's occurrence and the feedback reflecting the activity's efficient or inefficient performance c. Provide subsystem managers with suggestions as to how they can operate their subsystems more efficiently d. all of the above e. a and b only Question 2 (1 point) Saved Which of the following includes a thorough study of an existing system, including its strengths and weaknesses? Question 2 options: Detailed system design System analysis Functional analysis report Feasibility evaluation Question 3 (1 point) Saved A well-designed accounting system prevents and detects disturbances from the environment through the use of: Question 3 options: responsibility accounting reports. internal control measures transaction processing systems. computer technology. Question 4 (1 point) Saved A system flowchart is a diagram that: Question 4 options: is used primarily when document flowcharts cannot be used. shows the manual processes of a system. is used to create a GANTT chart. depicts the flow of data through a computerized accounting information system. Question 5 (1 point) Saved The most accurate way to compare a proposed system’s costs and benefits is to use: Question 5 options: cost-benefit analysis. net-benefit analysis. return on investment (ROI) analysis. net present value (NPV) analysis. Question 6 (1 point) Saved Accounting system development projects are more likely to be completed on schedule if: Question 6 options: the appropriate processing mode is selected. users participate actively in the projects. the scope of the project is properly defined. the system has adequate internal controls. Question 7 (1 point) Saved Which of the following general data flows is shown on a computerized system flowchart? Question 7 options: Process-output Output-process Input-process-output Output-process-input Question 8 (1 point) Saved National Bank is upgrading its network of ATM’s across Canada. The first new ATM were installed in Calgary, and operated for two months before new ATM’s were installed across the rest of the company. This would be an example of: Question 8 options: pilot systems implementation. phase-in systems implementation. PERT systems implementation. GANTT approach to resource allocation. Question 9 (1 point) Saved The most expensive software source is usually: Question 9 options: computer manufacturers. in-house development. software development companies. user groups.

Solution 1- A Include relevant information so that necessary action may be taken to accomplish…

Answered: For performance reports to achieve…

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter8: Financial Reporting And Management Reporting Systems

Section: Chapter Questions

Problem 11P: ORGANIZATION STRUCTURE AND SPAN OF CONTROL Refer to the organization charts labeled Structure A and...

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Question 1 (1 point)

Saved

For performance reports to achieve their control objectives, they must:

Question 1 options:

	a. Include relevant information so that necessary action may be taken to accomplish organizational goals
	b. Be timely so that minimal time elapses between an activity's occurrence and the feedback reflecting the activity's efficient or inefficient performance
	c. Provide subsystem managers with suggestions as to how they can operate their subsystems more efficiently
	d. all of the above
	e. a and b only

Question 2 (1 point)

Saved

Which of the following includes a thorough study of an existing system, including its strengths and weaknesses?

Question 2 options:

	Detailed system design
	System analysis
	Functional analysis report
	Feasibility evaluation

Question 3 (1 point)

Saved

A well-designed accounting system prevents and detects disturbances from the environment through the use of:

Question 3 options:

	responsibility accounting reports.
	internal control measures
	transaction processing systems.
	computer technology.

Question 4 (1 point)

Saved

A system flowchart is a diagram that:

Question 4 options:

	is used primarily when document flowcharts cannot be used.
	shows the manual processes of a system.
	is used to create a GANTT chart.
	depicts the flow of data through a computerized accounting information system.

Question 5 (1 point)

Saved

The most accurate way to compare a proposed system’s costs and benefits is to use:

Question 5 options:

	cost-benefit analysis.
	net-benefit analysis.
	return on investment (ROI) analysis.
	net present value (NPV) analysis.

Question 6 (1 point)

Saved

Accounting system development projects are more likely to be completed on schedule if:

Question 6 options:

	the appropriate processing mode is selected.
	users participate actively in the projects.
	the scope of the project is properly defined.
	the system has adequate internal controls.

Question 7 (1 point)

Saved

Which of the following general data flows is shown on a computerized system flowchart?

Question 7 options:

	Process-output
	Output-process
	Input-process-output
	Output-process-input

Question 8 (1 point)

Saved

National Bank is upgrading its network of ATM’s across Canada. The first new ATM were installed in Calgary, and operated for two months before new ATM’s were installed across the rest of the company. This would be an example of:

Question 8 options:

	pilot systems implementation.
	phase-in systems implementation.
	PERT systems implementation.
	GANTT approach to resource allocation.

Question 9 (1 point)

Saved

The most expensive software source is usually:

Question 9 options:

	computer manufacturers.
	in-house development.
	software development companies.
	user groups.

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